Gold was able to rally off of solid support levels as demand for safe haven assets increased. The cryptocurrency market crash likely added to the bullish move in this precious metal. Earlier this morning Japan reported stable CPI figures while Switzerland saw a slowdown in industrial and construction output in the third-quarter.
How will today’s Eurozone confidence data impact Gold? Will safe haven demand continue to drive price action higher? Get your Gold trading set-up now at PaxForex Daily Fundamental Analysis and stay on the profitable side of this trade.
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